Posted by: Kaplan Real Estate Education
Published: July 30, 2020
Going back to school to become a real estate salesperson is easier than you might think. Many people choose a career in real estate because of the minimal education requirements and the fairly straightforward path to licensure. In most states, you don’t even need a college degree in order to become a real estate agent. These minimal requirements leave the door open to those who are thinking of a career change or who want to get back into the workforce and may not have any previous experience in real estate.
Becoming a real estate agent could be a great career move if you value a flexible schedule and being your own boss while having the determination to successfully generate a steady stream of clients. The amount of money you make as a real estate agent depends largely on the effort and perseverance with which you approach this career path, making it an ideal choice for self-starters. Read on to learn how to complete the education requirements to become a real estate agent.
Steps to Complete Real Estate Education Requirements
1. Find out what education is required in your state.
Every state has its own requirements for real estate prelicensing education, including the type of classes to take and the number of hours to complete. To learn what is required in your state, select it from this list.
Even though your education will differ depending on your state, topics like real estate practice, principles, and legal aspects are required in most places. In Texas, for example, you will be required to take courses on topics such as principles of real estate, real estate law of contracts, and real estate finance.
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In addition to prelicensing education courses, you can also take optional exam prep classes to help you prepare to pass your real estate exam. Many students find that the exam prep classes provide them with helpful study strategies and tips, as well as the extra confidence they need for exam day.
2. Choose a real estate school.
The right real estate school will put you on track for long-term success as a real estate agent. There are a few things you should look for when choosing a school, including the types of course formats available, the school’s learning methodology, and the variety of course offerings for both prelicensing education and continuing education.
The best real estate school can demonstrate a history of past student successes, offer you the education you need at each step of your journey, and support you in every aspect of your course experience.
3. Complete your prelicensing education requirements.
Your state could require as little as 40 hours (Michigan) or over 100 hours of prelicensing education (California). As soon as you figure out what your state requires and find the real estate school that can help you accomplish your goals, it’s time to start completing your prelicensing education.
Map out your courses and study sessions on a calendar or in a planner to help you stay on top of your work. Staying organized can help you complete your education in a timely manner. After completing your prelicensing education requirements, in most states, you can then submit your license application and take your exam. The sooner you complete your education, the sooner you can start working as a real estate agent.
4. Plan ahead for your continuing education requirements.
Once you’ve earned your license, you’ll need to think about how you’ll start completing your real estate continuing education (CE) requirements. These CE requirements can easily sneak up on you if you aren’t prepared. Become familiar with your CE requirements early so that you can set aside the appropriate time to complete them.
Your state will determine how many credit hours of continuing education you need, the time frame for completing them, and what topics you’ll study. For example, in Ohio, you’ll need to complete 30 hours of CE every three years before your license expires. When you’re ready to plan for your CE requirements, find your state from this list.
Pursuing a career in real estate is a great option for people who are looking to make a career change or who want a flexible schedule with unlimited earning potential. Even better is that the path to becoming a real estate agent is accessible for many determined self-starters, with or without a college degree. Ready to start working towards your real estate goals? Find your state here.